Bravada International Ltd (BRAV)

[Jammin1]

The stock increased in price due to people here posting unrealistic revenue projections, and misleading potential investors.

No. Revenue projections were much less than 1% of posts, and were clearly people guessing. They had little to no influence.

The increase was due to much more frequent and persuasive posts about increases in traffic on the sites, increases in resellers of the USA Fashion line, etc. These were all fact-based and not guesses. It's just that a lot of that will only be reflected in Q3 results and beyond, and just wasn't in place in Q2.

Even those who correctly deduced that the positive signs wouldn't yet be reflected in Q2 revs, would be reasonable to still expect a slight increase in revenues compared to Q1. The drop from Q1 levels came as a surprise even to them, which is why the price went down.